Libya’s oil production is once again affected by local turmoil. In its latest weekly report, shipbroker Intermodal said that “Libya’s oil production, crucial to both its economy and global energy

The global container shipping industry continues to witness an increase in freight demand for US bound shipments as 59% of supply chain professionals surveyed in August 2024 respond in affirmation,

Futures prices remained as volatile as their physical rate counterparts in August, which reflects the revised physical market expectations following the apparent surprise surge in rates from May into June.

The crude tanker market is expected to benefit from an expected increase in crude oil supply in the coming years. In its latest weekly report, shipbroker Gibson said that “South

Capesize The Capesize market saw a strong start to the week, particularly in the Pacific, where two of the three major miners became active, leading to a steady rise in

As long as the scrubber economics are favourable, we will see the domination of scrubber-fitted crude-carrying vessels in the orderbook. Currently, the orderbook comprises 201 tankers with the majority being

The EU has remained the world’s leading seaborne importer of LNG, cementing its leading position in 2024 as well, accounting for 22% of the global volume. In its latest weekly

After a tepid recovery in the first quarter of the year, reefer freight rates on most trade routes have been decreasing. Drewry’s Global Reefer Freight Rate Index (which is based

As the world races towards a decarbonised future, copper – a key component of electrification – is in high demand. As the demand for copper surges, securing a reliable supply